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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 3
Report ofthe Independent
Auditors		 4 to 6
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 17

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes F E E F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 7,276 7,276 9,566
Charitable
activities
Charitable
Activities		 100,424 125,533 225,957 239,651
Other trading
activities		 4 1,079,952 1,079,952 706,650
Total 1,187,652 125,533 1,313,185 955,867
EXPENDITURE ON
Raising funds 30,510 30,510 16,875
Charitable
activities
Charitable
Activities		 1,096,655 23,080 1,119,735 906,160
Total 1,127,165 23,080 1,150,245 923,035
NET INCOME 60,487 102,453 162,940 32,832
Transfers
between		 funds 18 148,290 (148,290)
Net movement
in funds		 208,777 (45,837) 162,940 32,832
RECONCILIATION OF FUNDS
Total funds brought forward 404,630 45,837 450,467 417,635
TOTAL FUNDS CARRIED FORWARD 613,407 613,407 450,467

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes f E f
FIXEDASSETS
Tangible assets 13 394,117 394,117 261,362
CURRENT ASSETS
Stocks 14 9,287 9,287 8,196
Debtors 15 22,238 22,238 10,922
Cash at bank and in hand 307,990 13,595 321,585 247,420
339,515 13,595 353,110 266,538
CREDITORS
Amounts
falling due within one year		 16 (120,225) (13,595) (133,820) (77,433)
NET CURRENT ASSETS 219,290 219,290 189,105
TOTAL ASSETSLESSCURRENT LIABILITIES 613,407 613,407 450,467
NET ASSETS 613,407 613,407 450,467
FUNDS 18
Unrestricted
funds		 613,407 404,630
Restricted funds 45,837
TOTAL FUNDS 613,407 450,467

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31STMARCH 2023
2023 2022
Notes E
Cash flows from operating activities
Cash generated
from operations		 238,026 87,436
Net cash provided
by operating
activities		 238,026 87,436
Cash flows from investing activities
Purchase oftangible fixed assets (163,861) (54,220)
Net cash used
in investing
activities		 (163,861) (54,220)
Change
in cash and cash		 equivalents in
the reporting
period		 74,165 33,216
Cash and cash equivalents at the
beginning
ofthe reporting		 period 247,420 214,204
Cash and cash equivalents at the end of
the reporting
period		 321,585 247,420

RECONCILIATION OF NET I NCOME TO NET CASH FLOW FROM OPERATIN G ACTMTIES
2023f 2022
Net income for the reporting period (as per the Statement ofFinancial
Activities) 162,940 32,832
AdJustments
for.
Depreciation
charges		 31,108 20,285
(Increase)/decrease in stocks (1,091) 4,851
Increase
in debtors		 (11,316) (6,692)
Increase
in creditors		 56,385 36,160
Net cash provided by operations 238,026 87,436

ANALYSIS OF C HANGES
IN NET FUNDS
At 1.4.22 Cash flow At 31.3.23
F E
Net cash
Cash at bank and in hand 247,420 74,165 321,585
247,420 74,165 321,585
Total 247,420 74,165 321,585

2023 2022
F F
Donations 7,276 4,886
Grants 4,680
7,276 9,566
Grants received, included in the above, are as follows:
2023 2022
Other grants 4,680
4. OTHER TRADING ACTIVITIES
2023 2022
F F
Pool income 1,026,377 670,966
Swimshop
income		 50,479 31,592
Dryers and recharges 3,096 4,092
1,079,952 706,650
5. INCOME FROM CHARITABLE ACTMTIES
Activity 2023f 2022
Grants Charitable Activities 225,957 239,651
Grants received, included in the above, are as follows:
2023 2022
F
Annual
operational		 support grant 100,000 100,001
Other grants 125,957 139,650
225,957 239,651
6. RAISING FUNDS
Other trading activities
2023 2022
Opening
stock		 8,193 13,047
Purchases 31,605 12,021
Closing stock (9,288) (8,193)
30,510 16,875

Support
Direct costs (see
Costs
f		 note 8)
f		 Totals
Charitable Activities 1,036,621 83,114 1,119,735
SUPPORT COSTS
Human Governance
Finance resources Other costs Totals
f f
Charitable Activities 2,285 8,423 60,206 12,200 83,114
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2023f 2022f
Auditors' remuneration 6,000 5,000
Depreciation
-owned assets		 31,106 20,285
TRUSTEES' REMUNERATION AND BENEFITS

STAFF COSTS
2023 2022f
Wages and salaries 666,568 562,337
Social security costs 29,934 25,570
Other pension costs 3,208 2,262
699,710 590,169
The average
monthly		 number ofemployees during the year was as follows:
2023 2022
Average employees 76 49

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
E F E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 4,886 4,680 9,566
Charitable
activities
Charitable
Activities		 195,049 44,602 239,651
Other trading
activities		 706,650 706,650
Total 906,585 49,282 955,867
EXPENDITURE ON
Raising funds 16,875 16,875
Charitable
activities
Charitable
Activities		 902,976 3,184 906,160
Total 919,851 3,184 923,035
NET INCOME/(EXPENDITURE) (13,266) 46,098 32,832
Transfers
between		 funds 45,720 (45,720)
Net movement
in funds		 32,454 378 32,832
RECONCILIATION OF FUNDS
Total funds brought forward 372,177 45,458 417,635
TOTAL FUNDS CARRIED FORWARD 404,631 45,836 450,467
13. TANGIBLE FIXEDASSETS
Plant and Computer
machinery equipment Totals
F
COST
At 1st April 2022 323,128 1,214 324,342
Additions 151,161 12,700 163,861
At 31stMarch 2023 474,289 13,914 488,203
DEPRECIATION
At 1stApril 2022 62,245 735 62,980
Charge for year 29,687 1,419 31,106
At 31stMarch 2023 91,932 2,154 94,086
NET BOOK VALUE
At 31st March 2023 382,357 11,760 394,117
At 31st March 2022 260,883 479 261,362

14. STOCKS
2023 2022
f
Stocks 9,287 8,196
15. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
f		 2022
f
Trade debtors 17,660
Prepayments and accrued income 9,720
Prepayments 4,578 1,202
22,238 10,922
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
f f
Trade creditors 14,764
Social security and other taxes 1,586 6,936
Accruals and deferred income 13,595
Accrued expenses 103,875 70,497
133,820 77,433
17. LEASING AGREEMENTS
Minimum
lease payments		 under non-cancellabie operating leases fall due as follows:
2023
f		 2022
f
Within one year 498 498
Between one and five years 1,246 1,744
1,744 2,242
18. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.22
f		 in funds
f		 funds 31.3.23
f
Unrestricted funds
General fund 404,630 60,487 148,290 613,407
Restricted funds
Heating
Distribution		 Plant 44,787 (44,787)
Restricted 1,050 102,453 (103,503)
45,837 102,453 (148,290)
TOTAL FUNDS 450,467 162,940 613,407

Net movement in funds, in funds, included included included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F F
Unrestricted funds
General fund 1,187,652 (1,127,165) 60,487
Restricted funds
Restricted 125,533 (23,080) 102,453
TOTAL FUNDS 1,313,185 (1,150,245) 162,940
Comparatlves for movement in funds
Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
F F
Unrestricted funds
General fund 372,177 (13,267) 45,720 404,630
Restricted funds
Heating
Distribution		 Plant 13,443 27,554 3,790 44,787
Restricted 32,015 18,545 (49,510) 1,050
45,458 46,099 (45,720) 45,837
TOTAL FUNDS 417,635 32,832 450,467
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
f		 expended in funds
Unrestricted funds
General fund 906,584 (919,851) (13,267)
Restricted funds
Heating
Distribution		 Plant 29,936 (2,382) 27,554
Restricted 19,347 (802) 18,545
49,283 (3,184) 46,099
TOTAL FUNDS 955,867 (923,035) 32,832